PIMCO Corporate & Income Opportunity Fund

PTY

Market cap $2.5B

The rate cut in December has ended the inversion of the yield curve, which should benefit both PIMCO Dynamic Income Opportunities Fund (PDO) and PIMCO Corporate and Income Opportunity Fund. Both funds have sizable allocations to mortgage related assets, especially when adjusted for duration. The yield curve's shift to a positive slope could lower the costs of these assets and enhance their income potential.

This article compares PTY and GOF, highlighting why the initial appeal of high dividend yields can be a yield trap for investors. The funds show contrasting results: while one achieves NAV growth, the other suffers from capital erosion. As interest rates decline, PTY's portfolio is positioned to outshine GOF in the new market cycle.

NEW YORK, Jan. 02, 2026 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below.

The rebound that began in April on stock markets around the world is leading to a positive double-digit year-end close for Wall Street. This increase has been partially reflected in my portfolio, which focuses on high-dividend securities, showing a gain of more than 6% against the cost basis. In addition, there has been a recent flurry of positive news regarding various special year-end distributions announced by several funds in my portfolio.

America: In debt we trust. The Bank of Mom & Dad is seeing growing adoption. We discuss a pattern that's been evolving for decades.

PIMCO Corporate and Income Opportunity Fund offers investors exposure to a diverse range of income-producing securities. PTY now offers a dividend yield of 10.8% and issues payouts on a monthly basis. The fund's portfolio strategy has proven to be efficient over time, resulting in outperformance against peers.

Media fears over Meta's debt created a buying opportunity. PTY trades near a 5-year low premium to NAV. "Risky" Beignet debt is actually rated A+ by S&P.

NEW YORK, Dec. 01, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below.

Thankful for the modern market. We celebrate wins. Thankful the market provides bargains.

PIMCO Dynamic Income Fund is rated a Buy due to its unique asset structure, high yield, and strong liquidity. PDI's portfolio benefits from vintage mortgage-backed securities acquired at bargain prices, supporting higher returns versus peers PDO and PTY. With $7.13 billion AUM and a current low premium to NAV (~4%), PDI offers attractive entry for income-focused investors.